10 Short Squeeze Candidates: Getty Images, Genius Brands, MicroStrategy And More

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Potential short squeeze plays gained steam in 2021 and continued through 2022, with new traders looking for the next huge move.

High short interest and a high cost to borrow are among the common traits that could lead to a short squeeze.

Here’s a look at the top five short squeeze candidates this week based on the Fintel short squeeze leaderboard and some other stocks to watch that are moving up the list.

Getty Images Holdings GETY: The content creator and image marketplace tops the short squeeze leaderboard for a third straight week. Since going public via SPAC merger, the stock has frequently appeared on the list. Data shows 77.4% of the float short, in line with last week’s report. The cost to borrow on shares is 110.2%, down from 125.4% last week.

Prime Medicine PRME: The biotechnology company moves up 37 places to rank second on the leaderboard for the week. Data shows 38.4% of the float short and a cost to borrow of 21.5%.

Genius Brands International GNUS: Media company Genius Brands moves up 1,810 places on the leaderboard to rank third for the week. Data shows 106.1% of the float short and a cost to borrow of 6.4%. The short percentage ranks third of all companies on the Fintel leaderboard. The company recently completed a 1-for-10 reverse stock split. Genius Brands also announced it is launching a new children’s series called “Kidaverse Fast Facts,” which will utilize ChatGPT artificial intelligence technology.

MicroStrategy Inc MSTR: Software company and Bitcoin BTC/USD holder MicroStrategy moves up one position in the leaderboard to fourth place. The company was previously in fifth place for two straight weeks. Data shows 33.6% of the float short, in line with last week’s figure. The cost to borrow on shares is 28.9%, down from last week’s 31.8%. The company reported quarterly financial results at the start of the month, which sent shares lower.

Aerovate Therapeutics AVTE: Clinical stage biopharmaceutical company Aerovate returns to the top five positions on the leaderboard, ranking fifth. The stock moves up 14 places on the leaderboard, to rejoin the top five, where it was previously ranked in January and December. Data shows 40.6% of the float short and a cost to borrow of 7.2%.

Related Link: BlackRock Raises Stake In GameStop: Here's How Much Of The Retail Trader Favorite It Now Owns 

Stocks to Watch: Outside of the top five short squeeze candidates, several other names are making big moves and could be ones to watch for investors.

Silvergate Capital Corp SI: The cryptocurrency-related company moves up 21 places to ninth place. Data shows 72.8% of the float short and a cost to borrow of 15%. The short float ranks sixth for the week.

Cazoo Group CZOO: Online car retailer Cazoo ranks 15th for the week, moving up 55 positions. Data shows 41.1% of the float short and a cost to borrow of 14.2%.

Troika Media Group TRKA: The company moves up 63 positions to rank 16th on the leaderboard. Data shows 23% of the float short and a cost to borrow of 59.4%.

Snail Inc SNAL: The digital entertainment company ranks 23rd on the list, moving up 216 positions for the week. Data shows 6.6% of the float short and a cost to borrow of 41.5%.

Blue Apron Holdings APRN: The meal delivery company ranks 25th for the week, moving up eight positions. The stock has previously been an often discussed short squeeze candidate and in the top five Fintel candidates. Data shows 50.5% of the float short and a cost to borrow of 15.2%.

Read Next: Benzinga's Stock Whisper Index: 5 Stocks Investors Are Secretly Monitoring But Not Yet Talking About 

Photo via Shutterstock. 

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